Sold
316 Blockhouse Bay Road,
Avondale, Auckland City
NZD 3,300,000
Property details
-
Agents
Ray White Remuera: Megan Jaffe Real Estate Ltd Licensed (REAA 2008)
411 Remuera Road, Remuera Auckland City 1050
Chattels
- Stove
- Extractor Fan
- Light Fittings
- Floor Covers
- Curtains
Investment or Development? You Decide
• Currently, the property features nine existing units (7 x studios, 2 x one-bedrooms)
• Producing approximately $180,000 in annual rental income - giving you instant returns from day one.
But the real opportunity lies in the future:
• Option 1: Subdivide the existing units into 9 individual titles and sell down or hold for long-term gains.
• Option 2: Build 8 freestanding homes with double garages - perfect for the growing demand for standalone family residences.
• Option 3: Develop 14 terrace houses with single garages - a popular choice for modern urban living.
• Option 4: Go bold with a comprehensive development of 42 walk-up apartments - maximise yield in this high-growth area.
Location-wise, it's hard to beat. Just moments to Blockhouse Bay Village, LynnMall, top schools, and excellent public transport links, this is an area on the move.
Whether you're looking to bank a solid income stream, unlock significant capital gains, or transform the site into a new residential community, 316 Blockhouse Bay Road offers options to suit every strategy.
The future is here - will you seize it? Contact us today to secure your slice of the Blockhouse Bay story.
Explore the area
School catchments
- Glenavon School Full primary Years 1-8 State 0.19km
- Jireh Christian School Full primary Years 1-8 State integrated 0.91km
- New Windsor School Primary Years 1-6 State 0.96km
- Chaucer School Primary Years 1-6 State 0.97km
- St Mary's Catholic School (Avondale) Full primary Years 1-8 State integrated 1.1km
- St Dominic's Catholic School (Blockhouse Bay) Primary Years 1-6 State integrated 1.3km
- Avondale Primary School (Auckland) Primary Years 1-6 State 1.4km
- Blockhouse Bay Intermediate Intermediate Years 7-8 State 1.4km
- Marshall Laing School Primary Years 1-6 State 1.7km
- Christ the King Catholic School (Owairaka) Full primary Years 1-8 State integrated 1.7km
- Lynfield College Secondary Years 9-15 State 1.9km
- Iqra School Composite Years 1-15 State integrated 1.9km
- Blockhouse Bay School Primary Years 1-6 State 1.9km
- Owairaka District School Primary Years 1-6 State 1.9km
- New Lynn School Primary Years 1-6 State 2.0km
- Avondale Intermediate Intermediate Years 7-8 State 2.1km
- Avondale College Secondary Years 9-15 State 2.1km
- Elim Christian College Mt Albert Composite Years 1-15 State integrated 2.2km
- TKKM o Nga Maungarongo Composite Years 1-15 State 3.1km
- Kelston Boys' High School Secondary Years 9-15 State 3.3km
- Mt Albert Grammar School Secondary Years 9-15 State 3.3km
- Kelston Girls' College Secondary Years 9-15 State 3.4km
- Marist College Secondary Years 7-15 State integrated 3.6km
- Green Bay High School Secondary Years 9-15 State 3.9km
- Twin Oaks Classical School Composite Years 1-15 Charter 3.9km
- Mt Roskill Grammar Secondary Years 9-15 State 4.0km
- Western Springs College-Ngā Puna o Waiōrea Secondary Years 9-15 State 5.3km
- Marcellin College Secondary Years 7-15 State integrated 5.7km
- Onehunga High School Secondary Years 9-15 State 6.3km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.